Here is an AMZ summary at the end of the year. In the past six months, from developing products to setting up cross-border departments, The investment alone is already in seven figures. A total of 80+ products have been developed, with a success rate of 90%. If the development is unsuccessful, no one will even want to clear out the stock for off-site promotion. In the end, it had to be discarded, resulting in a loss of 70,000 to 80,000 yuan. For those that have been successfully developed, they have to continue to stockpile goods. So, in the short term, the money is empty and not in your hands.
Judging from the monthly accounts, we are currently making a profit, and it is not a small amount. Without developing new products, It is expected that full profitability will be achieved in the second half of the year (21).
But according to the actual situation, in the first half of this year, It is impossible to do nothing. We must develop new products. There are always some hot-selling products that need to be replenished. That is, the speed of capital recovery. Can't keep up with the speed of development and sales. It is expected that actual repayments and profits will not be realized until the first half of next year (2022). I feel like I'm doing OK as a newbie. I've been doing this for half a year now. The money is not in your pocket, it is all outside.
I really don't recommend it for beginners. Any small accident can make you lose money... Based on the fact that I have been in business for so long, It can't be so smooth. There will always be some unexpected things happening to you along the way. For example, the shipping date is delayed, the goods are lost, There is a problem with the product, and this is all money. The direct result is that the money is paid back 1-2 months late or the money is gone.
It is still a simple rule, you have to pay tuition fees in the early stage, No matter how experienced or prepared you are, You still have to take the detours you have to take, and you still have to lose money you have to lose. The real profits are yet to come, so hold on.
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